I have done some major restructuring to my portfolio since I last posted.
First, I have limited stocks to those with a capitalization of at least $5B. The primary concern is that the news available on small cap stocks is so limited.
Second, I have added some REITs as a means of improving near term yield and adding diversity. I considered MLPs, but rejected them, since the structure is so complicated.
The following is my current portfolio with the weightings:
AEP 1.7%
BAX 3.1%
COH 1.8%
COP 1.5%
CSCO 2.5%
CSX 5.2%
CVX 3.9%
DPS 6.0%
EXR 1.4%
GIS 2.9%
HAS 2.0%
HCP 3.8%
INTC 2.2%
JNJ 4.2%
KLAC 2.1%
KMB 4.4%
KO 4.1%
KRFT 4.3%
MAT 2.0%
MCD 2.6%
MSFT 2.2%
MXIM 2.1%
NSC 5.0%
O 1.8%
OXY 4.0%
PAYX 2.2%
PG 5.9%
PKG 1.4%
PSA 3.9%
SO 2.9%
TXN 2.6%
VTR 4.0%
WAG 2.0%
First, I have limited stocks to those with a capitalization of at least $5B. The primary concern is that the news available on small cap stocks is so limited.
Second, I have added some REITs as a means of improving near term yield and adding diversity. I considered MLPs, but rejected them, since the structure is so complicated.
The following is my current portfolio with the weightings:
AEP 1.7%
BAX 3.1%
COH 1.8%
COP 1.5%
CSCO 2.5%
CSX 5.2%
CVX 3.9%
DPS 6.0%
EXR 1.4%
GIS 2.9%
HAS 2.0%
HCP 3.8%
INTC 2.2%
JNJ 4.2%
KLAC 2.1%
KMB 4.4%
KO 4.1%
KRFT 4.3%
MAT 2.0%
MCD 2.6%
MSFT 2.2%
MXIM 2.1%
NSC 5.0%
O 1.8%
OXY 4.0%
PAYX 2.2%
PG 5.9%
PKG 1.4%
PSA 3.9%
SO 2.9%
TXN 2.6%
VTR 4.0%
WAG 2.0%